Germany recorded a government budget deficit of 21.67 EUR Billion in the first quarter of 2025. Government Budget Value in Germany averaged -13.80 EUR Billion from 1991 until 2025, reaching an all time high of 40.63 EUR Billion in the third quarter of 2000 and a record low of -82.54 EUR Billion in the fourth quarter of 2022. source: Deutsche Bundesbank

Government Budget Value in Germany is expected to be -36.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany General Government Budget Value is projected to trend around -43.00 EUR Billion in 2027 and -48.00 EUR Billion in 2028, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 6530.00 8740.00 persons Dec 2025
Credit Rating 100.00 Jan 2026
Fiscal Expenditure 511.89 610.48 EUR Billion Mar 2025
Government Budget -2.80 -2.50 percent of GDP Dec 2024
Government Budget Value -21.67 -16.08 EUR Billion Mar 2025
Government Debt 2553976.00 2523342.00 EUR Million Jun 2025
Government Debt to GDP 62.20 62.30 percent of GDP Dec 2024
Government Revenues 490.22 594.41 EUR Billion Mar 2025
Government Spending 209.33 207.74 EUR Billion Sep 2025
Government Spending to GDP 49.40 48.10 percent of GDP Dec 2024
Holidays
Military Expenditure 88458.50 67285.20 USD Million Dec 2024


Germany General Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.
Actual Previous Highest Lowest Dates Unit Frequency
-21.67 -16.08 40.63 -82.54 1991 - 2025 EUR Billion Quarterly
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